The Chinese Market started W46 with changes in COVID policies and the yuan has increased by 2% since W45. Regarding the beef import market, contracts are being renegotiated for incoming merchandise. Reported CFR pricing references in W46 stood at: USD 5,400-5,500/ton for shin and shank USD 3,200-3,300/ton for trimming 80 VL USD 4,400-4,500/ton for robbed forequarter USD 5,000-5,100/ton for round cuts between USD 6,000- 6,100/ton for eye round
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